US retailing fears weigh on world markets (AP) - Comments Off
AP - European and U.S. stock markets fell Monday amid concerns about the start of the Christmas shopping season in the U.S. and despite relief over the pledge from the United Arab Emirates’ central bank to back lenders exposed to Dubai’s debt problems.
Dubai and Abu Dhabi markets plunge on debt woes (AFP) - Comments Off
AFP - Stock markets in Dubai and Abu Dhabi plunged on Monday as a top finance official stoked fears the government is washing its hands of the Dubai World debt problem, saying it does not guarantee the firm.
Dubai crisis, holiday sales will dominate trading (AP) - Comments Off
Dubai crisis, holiday sales will dominate trading (AP) - Comments Off
AP - Investors may have to do some emotional juggling as the trading week begins.
Stocks face Dubai, jobs and Ben’s Act II (Reuters) - Comments Off
Reuters - Dubai, jobs data, Black Friday results and a chance for Congress to throw fireballs at Fed chief Ben Bernanke: The U.S. stock market’s path to glory is fraught with peril this week.
UAE acts to shore up banking system and calm markets (AFP) - Comments Off
AFP - The United Arab Emirates central bank on Sunday pumped more liquidity into its banking sector amid fears that local stock markets may plunge after debt-laden Dubai asked to suspend debt payments.
Dubai blackout over debt plans to hit Gulf markets (AFP) - Comments Off
AFP - A lack of details on how Dubai plans to pay off its 80-billion-dollar debt mountain will hit Gulf stock markets sharply this week when they trade for the first time since news broke of the emirate’s problems, analysts predict.
Wall Street braces for Dubai debt fallout, jobs data (AFP) - Comments Off
AFP - Wall Street braced for repercussions of the Dubai debt crisis to unfold and for looming key economic data, after winding down a turbulent holiday-shortened week.
Jobs data eyed, but Dubai is the wild card (Reuters) - Comments Off
Reuters - Dubai, jobs data, Black Friday results and a chance for Congress to throw fireballs at Fed chief Ben Bernanke: The U.S. stock market’s path to glory is fraught with peril next week.
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